Tata Sons, holding company of the Tata Group, plans to infuse around Rs 200 crore in its wholly-owned subsidiary company, that sells consumer durables and electronics goods under the Croma chain of stores. Infiniti Retail will be using the funds to set up stores in newer locations and to scale up its workforce. This is the third tranche of funds that the company has received from Tata Sons, which has so far infused around Rs 280 crore in Infiniti Retail over the years. Such big expansion plan of Tata will be new delight to the in-shop signage segment.
